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Demand for digital signage drives display market growth

Continuous investments in manufacturing of consumer electronics, coupled with new technological advancements, has driven the market for flexible and transparent displays, according to TechSci Research.

In fact, according to a new report by TechSci, the global market for flexible and transparent displays will be worth more than $480 million in 2015.

The Americas and Europe were the major markets for flexible and transparent displays in 2014. However, Asia-Pacific is expected to emerge as the fastest growing market for flexible and transparent displays in the coming years, due to large consumer base and surging adoption of various consumer electronic devices such as smartphones and LED televisions.

Smartphones and televisions are anticipated to be the major application areas for transparent and flexible displays.

Increasing manufacturing of electronic devices, growing purchasing power of consumers and rising adoption of smartphones is projected to contribute significantly to growth of flexible and transparent displays market.